Voya Morgan Stanley Fund Market Value
| VPRDX Fund | USD 15.97 0.01 0.06% |
| Symbol | Voya |
Voya Morgan 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Voya Morgan's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Voya Morgan.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Voya Morgan on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Voya Morgan Stanley or generate 0.0% return on investment in Voya Morgan over 720 days. Voya Morgan is related to or competes with Voya Bond, Voya Bond, Voya Limited, Voya Limited, Voya Bond, Voya Limited, and Voya Emerging. The fund invests primarily in equity securities of issuers located throughout the world that the advisor believes have, ... More
Voya Morgan Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Voya Morgan's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Voya Morgan Stanley upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5302 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.85 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 0.7678 |
Voya Morgan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Morgan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Morgan's standard deviation. In reality, there are many statistical measures that can use Voya Morgan historical prices to predict the future Voya Morgan's volatility.| Risk Adjusted Performance | 0.03 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.0297 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Morgan's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Voya Morgan Stanley Backtested Returns
At this stage we consider Voya Mutual Fund to be very steady. Voya Morgan Stanley owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0026, which indicates the fund had a 0.0026% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Voya Morgan Stanley, which you can use to evaluate the volatility of the fund. Please validate Voya Morgan's Risk Adjusted Performance of 0.03, coefficient of variation of 2130.87, and Semi Deviation of 0.4648 to confirm if the risk estimate we provide is consistent with the expected return of 0.0013%. The entity has a beta of 0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Voya Morgan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Morgan is expected to be smaller as well.
Auto-correlation | 0.32 |
Below average predictability
Voya Morgan Stanley has below average predictability. Overlapping area represents the amount of predictability between Voya Morgan time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Voya Morgan Stanley price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Voya Morgan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Voya Morgan Stanley lagged returns against current returns
Autocorrelation, which is Voya Morgan mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Voya Morgan's mutual fund expected returns. We can calculate the autocorrelation of Voya Morgan returns to help us make a trade decision. For example, suppose you find that Voya Morgan has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Voya Morgan regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Voya Morgan mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Morgan mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Voya Morgan mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Morgan Lagged Returns
When evaluating Voya Morgan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Morgan mutual fund have on its future price. Voya Morgan autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Voya Morgan autocorrelation shows the relationship between Voya Morgan mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Morgan Stanley.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Voya Mutual Fund
Voya Morgan financial ratios help investors to determine whether Voya Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Voya with respect to the benefits of owning Voya Morgan security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |